Lenders › Columbia Bank
7(a) lenderFair Lawn, New JerseyFDIC-insured bank465th of 2,184 by approvals
Columbia Bank
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
In FY2021 to FY2025 SBA approved 57 7(a) loans, worth $57.5M, through Columbia Bank of Fair Lawn, New Jersey, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 465th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 18 approvals totalling $18.1M, up 80% on FY2024 (10). FY2026 to 30 Jun 2026 adds 13 more.
The median approval was $500K, against $190K for the 7(a) program as a whole; 0.0% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 2 states and territories and 16 counties, led by New Jersey (98.2%) and Florida (1.8%). The largest industry group was accommodation and food services at 24.6% of approvals, and 15.8% of approvals were to franchise businesses.
Of 153 disbursed loans approved in FY2010 to FY2021, SBA records 4 as charged off (2.6%), 129 as paid in full and 20 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 13 | $17.5M | $1.2M | $1.3M | 146 |
| FY2025 | 18 | $18.1M | $500K | $1.0M | 264 |
| FY2024 | 10 | $8.1M | $625K | $812K | 110 |
| FY2023 | 15 | $21.7M | $572K | $1.4M | 195 |
| FY2022 | 9 | $5.6M | $424K | $620K | 101 |
| FY2021 | 5 | $4.0M | $636K | $806K | 25 |
| FY2020 | 5 | $4.6M | $335K | $930K | 65 |
| FY2019 | 18 | $10.2M | $350K | $567K | 187 |
| FY2018 | 18 | $8.5M | $293K | $471K | 281 |
| FY2017 | 19 | $5.5M | $236K | $290K | 390 |
| FY2016 | 16 | $2.9M | $100K | $181K | 95 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 76 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | New Jersey | 7(a) program |
|---|---|---|---|
| Approvals in these years | 178 | 17,926 | 639,905 |
| Cancelled or never disbursed | 25 | 2,711 | 79,313 |
| Disbursed loans | 153 | 15,215 | 560,592 |
| Paid in full | 129 | 11,117 | 435,813 |
| Charged off | 4 | 1,263 | 36,891 |
| Still outstanding (status exempt from disclosure) | 20 | 2,835 | 87,888 |
| Charged off, share of disbursed loans | 2.6% | 8.3% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.6% | 2.6% | 2.5% |
| Dollars charged off | $1.2M | $172M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 4 | 2 | 0 | — | 2.8% |
| FY2020 | 4 | 3 | 0 | — | 4.0% |
| FY2019 | 13 | 7 | 0 | — | 6.7% |
| FY2018 | 15 | 10 | 1 | — | 7.9% |
| FY2017 | 12 | 10 | 1 | — | 7.7% |
| FY2016 | 15 | 14 | 1 | — | 7.2% |
| FY2015 | 36 | 31 | 1 | 2.8% | 6.9% |
| FY2014 | 14 | 13 | 0 | — | 6.4% |
| FY2013 | 11 | 10 | 0 | — | 6.0% |
| FY2012 | 5 | 5 | 0 | — | 6.3% |
| FY2011 | 10 | 10 | 0 | — | 6.9% |
| FY2010 | 14 | 14 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $500K | $190K |
| Average approval | $1.0M | $518K |
| Approvals of $150,000 or less | 0.0% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 47.4% | 34.3% |
| Approvals to franchise businesses | 15.8% | 11.5% |
| Jobs supported per approval, as reported | 12.2 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 2.6% | 6.6% |
States served
| # | State of the business (2 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | New Jersey | 56 | $57.0M | 98.2% | |
| 2 | Florida | 1 | — | 1.8% |
In New Jersey the lender accounts for 0.5% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (16 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Bergen County, NJ | 11 | $8.9M | 19.3% | |
| 2 | Monmouth County, NJ | 8 | $9.5M | 14.0% | |
| 3 | Middlesex County, NJ | 5 | $4.9M | 8.8% | |
| 4 | Essex County, NJ | 5 | $4.2M | 8.8% | |
| 5 | Hudson County, NJ | 4 | $6.1M | 7.0% | |
| 6 | Passaic County, NJ | 4 | $5.6M | 7.0% | |
| 7 | Somerset County, NJ | 4 | $2.4M | 7.0% | |
| 8 | Union County, NJ | 4 | $2.0M | 7.0% | |
| 9 | Morris County, NJ | 3 | $3.5M | 5.3% | |
| 10 | Hunterdon County, NJ | 2 | — | 3.5% | |
| 11 | Mercer County, NJ | 2 | — | 3.5% | |
| 12 | Burlington County, NJ | 1 | — | 1.8% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 14 | 24.6% | |
| 2 | Health Care and Social Assistance | 7 | 12.3% | |
| 3 | Other Services (except Public Administration) | 6 | 10.5% | |
| 4 | Professional, Scientific, and Technical Services | 5 | 8.8% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 5 | 8.8% | |
| 6 | Wholesale Trade | 4 | 7.0% | |
| 7 | Retail Trade | 3 | 5.3% | |
| 8 | Arts, Entertainment, and Recreation | 3 | 5.3% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 14 | 24.6% | |
| 2 | Business Support ServicesNAICS 5614 | 4 | 7.0% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 5.3% | |
| 4 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 3 | 5.3% | |
| 5 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 5.3% | |
| 6 | Child Day Care ServicesNAICS 6244 | 3 | 5.3% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 3 | 5.3% | |
| 8 | Miscellaneous Durable Goods Merchant WholesalersNAICS 4239 | 2 | 3.5% | |
| 9 | Beer, Wine, and Liquor StoresNAICS 4453 | 2 | 3.5% | |
| 10 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 2 | 3.5% |
Approval sizes
- $150,001 to $350,00022.8%13
- $350,001 to $1 million47.4%27
- $1 million to $2 million15.8%9
- Over $2 million14.0%8
Loan terms
- Over 5 to 10 years35.1%20
- Over 10 to 20 years38.6%22
- Over 20 years26.3%15
Age of the businesses
- Existing, more than 2 years old35.1%20
- New business, 2 years or less8.8%5
- Startup, loan funds will open the business38.6%22
- Change of ownership17.5%10
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 50 | 87.7% | |
| 2 | SBA Express Program | 4 | 7.0% | |
| 3 | 7a General | 3 | 5.3% |
Franchise share
9 of 57 approvals in FY2021–FY2025 (15.8%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | The Learning Experience | 3 | 5.3% | |
| 2 | The UPS Store | 2 | 3.5% | |
| 3 | The Red Chickz | 1 | 1.8% | |
| 4 | Smash My Trash | 1 | 1.8% | |
| 5 | OneZO | 1 | 1.8% | |
| 6 | Chick'nCone | 1 | 1.8% |
Questions and answers
How many SBA loans does Columbia Bank make?
SBA approved 18 7(a) loans through Columbia Bank in FY2025, worth $18.1M, and 57 over FY2021 to FY2025. That ranks 465th of 2,184 active 7(a) lenders by number of approvals.
How large are Columbia Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $500K and the average $1.0M. The program-wide median was $190K.
What is Columbia Bank's charge-off rate?
Of 153 disbursed loans approved in FY2010 to FY2021, SBA records 4 as charged off (2.6%), 129 as paid in full and 20 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Columbia Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (14); business support services (4); automotive repair and maintenance (3); management, scientific, and technical consulting services (3).
Where does Columbia Bank make SBA loans?
In 2 states and territories. New Jersey 56, Florida 1. In New Jersey it accounts for 0.5% of all 7(a) approvals.
Is Columbia Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 43, against 19 in the three before: rising (+126%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error